Akamai Technologies Named To Environmental, Social And Governance Stock Indexes

Rhea-AI Summary

Akamai Technologies, Inc. (NASDAQ: AKAM) has been recognized in the 2020 Dow Jones Sustainability Index (DJSI) and FTSE4Good Index, highlighting its commitment to environmental, social, and governance (ESG) standards. This marks Akamai's inclusion in the DJSI North America for the eighth consecutive year, with improved scores across governance, environmental, and social dimensions. The FTSE4Good Index also acknowledged Akamai for the sixth year in a row. These recognitions reflect Akamai's dedication to ethical operations and sustainability, along with its corporate responsibility initiatives, particularly in response to global issues like COVID-19.

Positive

• Included in the 2020 Dow Jones Sustainability Index and FTSE4Good Index, demonstrating strong ESG practices.
• Improved scores in governance, environmental, and social dimensions compared to the previous year.
• Recognition for corporate responsibility initiatives, including support for education and efforts addressing COVID-19.

Negative

• None.

CAMBRIDGE, Mass., Nov. 17, 2020 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces that the company is included in the 2020 Dow Jones Sustainability Index ("DJSI") and the FTSE4Good Index. Such indexes offer investors a way to integrate environmental, social and governance ("ESG") factors into their investment decisions.

The DJSI World was launched in 1999 and was among the first set of global indexes to track the largest and leading sustainability-driven publicly listed companies. After applying a range of financially relevant and industry specific ESG criteria, a total sustainability score is assigned to each company. Based on this score, Akamai once again met the criteria to be included in the DJSI North America, as it has since 2013. The company's scores improved over last year in all three assessment categories: Governance and Economic, Environmental Dimension and Social Dimension.

Additionally, last month the FTSE4Good Index Series announced its inclusion of Akamai for the sixth consecutive year. FTSE4Good is a global sustainable investment index series, designed to identify companies that demonstrate strong ESG practices measured against international standards. Its tradable indexes meet the needs of investors who want instant and cost-effective exposure to ESG-minded companies like Akamai.

"We are pleased for Akamai to be included in the DJSI and FTSE4GOOD indexes," said Dr. Tom Leighton, chief executive officer and co-founder, Akamai Technologies. "Together, these two indexes recognize Akamai's commitment to operating in an ethical, environmentally sustainable and financially sound manner."  

Corporate responsibility is an important part of Akamai's identity. The company supports the Akamai Foundation, which promotes mathematics education, programs that develop an inclusive and representative workplace where all employees are wholly welcome and other ESG initiatives. In 2020 new programs were initiated by the Foundation, with the aim of offering timely assistance to those affected by the year's important global issues: COVID-19 and racial inequality. Akamai is also committed to best practices in corporate governance and sustainability. The company has developed a renewable energy investment program and conserves energy resources in operating its network with the goal of helping to reduce greenhouse gas emissions globally. 

About Akamai
Akamai secures and delivers digital experiences for the world's largest companies. Akamai's intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone - and attacks and threats far away. Akamai's portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring. To learn why the world's top brands trust Akamai, visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter.

Media Relations

Gina Sorice
(646) 320-4107
gsorice@akamai.com

Investor Relations

Tom Barth
(617) 274-7130
tbarth@akamai.com

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SOURCE Akamai Technologies, Inc.

FAQ

What recognition did Akamai Technologies receive in November 2020?

Akamai Technologies was included in the 2020 Dow Jones Sustainability Index and FTSE4Good Index.

How many consecutive years has Akamai been in the Dow Jones Sustainability Index?

Akamai has been included in the Dow Jones Sustainability Index for eight consecutive years.

What improvements did Akamai make in its ESG scores?

Akamai improved its scores in all three categories: Governance and Economic, Environmental Dimension, and Social Dimension.

Which indexes recognized Akamai for its ESG practices in 2020?

Akamai was recognized in both the Dow Jones Sustainability Index and the FTSE4Good Index in 2020.